BLS Insights

Category: Tax

IRS & Delaware Notices: What They Mean and Why There’s No Need to Panic

May 05, 2026

Many of our clients have reached out regarding notice from the IRS and DE. In our ongoing effort to keep our contacts informed, we felt it was important to blog … Continued

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Don’t Sleep on These After-Tax-Day Tips

April 20, 2026

With the April 15 tax filing deadline in the rearview mirror, you’re likely to turn your attention to other things. But before you do, it’s in your best interest to tie … Continued

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New Provisions for 2026 May Affect Your Tax Planning

March 13, 2026

The many tax-related provisions that went into effect last year after the One Big Beautiful Bill Act (OBBBA) was signed into law are affecting 2025 federal income tax returns being … Continued

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4 Year-End Planning Steps to Trim Your 2025 Taxes

November 25, 2025

Now is the time of year when taxpayers search for last-minute moves to reduce their federal income tax liability. Adding to the complexity this year is the One Big Beautiful … Continued

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Minimize Your Business’s 2025 Federal Taxes by Implementing Year-End Tax Planning Strategies

November 24, 2025

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for year-end tax planning. The law has implications for some of the most tried-and-true tax-reduction measures. It also creates new … Continued

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What do the 2026 Cost-of-Living Adjustment Numbers Mean for You?

November 04, 2025

The IRS recently issued its 2026 cost-of-living adjustments for more than 60 tax provisions. The OBBBA makes permanent or amends many provisions of the Tax Cuts and Jobs Act (TCJA). … Continued

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How will the Changes to the SALT Deduction Affect Your Tax Planning?

September 04, 2025

The One Big Beautiful Bill Act (OBBBA) shifts the landscape for federal income tax deductions for state and local taxes (SALT), albeit temporarily. If you have high SALT expenses, the … Continued

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President Trump Signs His One, Big, Beautiful Bill Act into Law

July 09, 2025

On July 4, President Trump signed into law the far-reaching legislation known as the One, Big, Beautiful Bill Act (OBBBA). As promised, the tax portion of the 870-page bill extends … Continued

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It’s not too late for 2024 tax considerations

November 25, 2024

Many of the Tax Cuts and Jobs Act provisions are set to expire at the end of 2025, absent congressional action. However, with President-Elect Donald Trump set to take power … Continued

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How will the 2025 Inflation Adjustment Numbers Affect Your Year-End Tax Planning?

October 28, 2024

The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will … Continued

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